sk telecom (SKMTF) Related Businessweek News

sk telecom (SKMTF) Details

SK Telecom Co., Ltd. provides wireless telecommunications services in Korea. The company offers cellular voice services, including wireless voice transmission and related value-added services; wireless global roaming services; and interconnection services to connect its networks to fixed-line and other wireless networks. The company also provides wireless data communication services that allow subscribers to send and receive text and multimedia messages; and wireless Internet access services. In addition, it offers broadband Internet access and other Internet-related services, including video-on-demand and Internet protocol TV services; and and fixed-line telephone services, such as local, and domestic and international long-distance, and voice over Internet protocol services to residential and commercial subscribers. Further, the company provides international telecommunications services, such as direct-dial; pre and post paid card calling services; bundled services for corporate customers; voice services using Internet protocol; Web-to-phone services; and data services. Additionally, it operates NATE-ON, an instant messaging service for NATE users; 11th Street, an online shopping mall; T Store, an online open marketplace for mobile applications; Syrup, a mobile wallet service; T-Map navigation service; and Hoppin, a network-based personalized media platform, as well as provides NATE.com portal services that offers various content and services. The company also offers customized business solutions and applications to corporate customers; smart beams, smart speakers, and other audio products; and social networking services. As of December 31, 2014, it had 28.6 million wireless subscribers. The company was formerly known as Korea Mobile Telecommunications Co., Ltd. and changed its name to SK Telecom Co., Ltd. in March 1997. SK Telecom Co., Ltd. was founded in 1984 and is headquartered in Seoul, South Korea.

sk telecom (SKMTF) Top Compensated Officers

sk telecom (SKMTF) Key Developments

SK Telecom and Nokia Networks Open 5G R&D Centre

Jun 29 15

SK Telecom and Nokia Networks have opened a 5G research and development centre at Nokia Networks' Korean office. The centre will serve as a venue where researchers from the two companies will study and develop core 5G technologies, including gigabit-level data transmission technology and cloud-based virtualized base stations. Around year-end, SK Telecom and Nokia Networks also plan to open a test bed to verify and demonstrate 5G technologies. SK Telecom and Nokia Networks plan to launch a 5G pilot service demonstration in 2018.

SK Telecom to Develop 5G Robots with Bobobuilder

Jun 19 15

SK Telecom and BoboBuilder will partner on the research and development of robots using 5G communications technology.

SK Telecom and Ericsson Team Up for Small IoT

Jun 16 15

SK Telecom announced that it has signed a memorandum of understanding (MOU) with Ericsson to cooperate in the development of technology for the 'Internet of Small Things (small IoT)'. SKT and Ericsson agreed to develop 'machine type communication' (MTC), or machine-to-machine (M2M) technology, which allows both wireless and wired systems to communicate with various other devices. Under the Internet of Small Things agreement, they will develop technology that supports kilobytes of low-speed devices that will be connected at the same time in the coming IoT era. SKT and Ericsson will co-work to develop the MTC technologies, which allow small things that require low data to communicate in the current LTE network environment, the spokesman added. The two companies will also work together to reduce the cost of small IoT devices by eliminating unnecessary functions such as multiple antenna and broadband frequency signals.

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